Ann McKechin
Main Page: Ann McKechin (Labour - Glasgow North)(12 years, 1 month ago)
Commons ChamberI am aware of Hitachi’s record, and with its Canadian partner it has a fantastic record of building new nuclear reactors on time and on budget. It has built 20 nuclear reactors over the past 40 years—an impressive track record—and I welcome it to the UK energy market.
Does the Secretary of State agree that the development of carbon capture technology should be a priority for the new green investment bank?
As the hon. Lady will know, the Government have already made a big commitment to carbon capture and storage, and we have announced the next stage of our £1 billion competition, with four of the original eight bidders going forward. It is not for me to set the investment priorities of the green investment bank; the purpose of it being at arm’s length from the Government is so that it can set its priorities.